NOT LISTED FOR SALE

2897 Twin Oak Place NW Salem, OR 97304

West Salem Neighborhood

Estimated Value: $333,000 - $370,014

2 Beds
2 Baths
1,193 Sq Ft
$293/Sq Ft Est. Value

Last Sold April 21, 2020

Last sale price $229,900 $193 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $2,278/month

44 Days on Market

Highlights

  • Senior Community
  • 2 Car Attached Garage
  • Level Entry For Accessibility
  • Covered Patio or Porch
  • Living Room
  • Accessibility Features

About This Home

As of April 2020

Solid & affordable Salemtowne single level. Updated with vinyl siding & windows. Spacious living area with brick fireplace. Covered patio overlooks large backyard with raised garden beds. Salemtowne is a 55+ community. Sold in as is condition.

Last Agent to Sell the Property

Levi Wilson

Ned Baker Real Estate, Inc. License #200111024 Listed on: 02/05/2020

Last Buyer's Agent

OR and WA Non Rmls

Non Rmls Broker License #NA

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,066

Year Built

  • Built in 1978

Lot Details

  • 4,791 Sq Ft Lot
  • Fenced
  • Level Lot
  • Raised Garden Beds

HOA Fees

  • $74 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Composition Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,193 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Vinyl Clad Windows
  • Family Room
  • Living Room
  • Dining Room
  • Crawl Space

Kitchen

  • Free-Standing Range
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Accessible Home Design

  • Accessibility Features
  • Level Entry For Accessibility

Outdoor Features

  • Covered Patio or Porch

Schools

  • Brush College Elementary School
  • Straub Middle School
  • West Salem High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 311689

Community Details

Overview

  • Senior Community
  • $3,000 One-Time Secondary Association Fee
  • Salemtowne Association, Phone Number (503) 363-4729

Amenities

  • Common Area

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,066

Year Built

Built in 1978

Lot Details

0

HOA Fees

$74 per month

Parking

2

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • Accessibility: Yes
  • Stories: 1
  • Year Built: 1978
  • Property Condition: Unknown
  • Property Sub Type: SingleFamilyResidence
  • Architectural Style: Stories1, Ranch
  • New Construction: No
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None

Interior Features

  • Accessibility Features: OneLevel
  • Total Bathrooms: 2.0
  • Fireplaces: 1
  • Interior Amenities: VinylFloor, WalltoWallCarpet
  • Basement: CrawlSpace
  • Window Features: VinylFrames
  • Appliances: Dishwasher, FreeStandingRange
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: WoodBurning
  • Fireplace: Yes
  • Association Contact: Salemtowne
  • Main Level Full Bathrooms: 2
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 2.0
  • BathroomsTotalUpperLevel: 0.0
  • Lot Size Range: SqFt3000to4999
  • Room 11 Level: Main
  • Room 12 Level: Main
  • Room 13 Level: Main
  • Room 7 Description: _2ndBedroom
  • Additional Room 7 Level: Main
  • Room 8 Description: _3rdBedroom
  • Room 9 Description: DiningRoom
  • Additional Room 9 Level: Main

Exterior Features

  • Exterior Description: VinylSiding
  • Exterior Features: CoveredPatio, Fenced, RaisedBeds
  • Lot Size: 3,000 to 4,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: No
  • Lot Features: Level
  • Road Surface Type: Paved
  • Disclosures: Exempt
  • Home Warranty: No
  • Roof: Composition

Garage/Parking

  • Garage Type: Attached
  • Parking Description: Driveway
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Total Parking Spaces: 2.0

Utilities

  • Fuel Description: Gas
  • Hot Water: Gas
  • Cooling Y N: No
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Association Amenities: Commons
  • Senior Community: Yes
  • Association #2 Fee: 3000.0
  • Association #2 Fee Frequency: OneTime
  • Association Fee: 889.0
  • Association Fee Frequency: Annually
  • Association Name: Salemtowne
  • Phone: 503-363-4729
  • Association: Yes
  • Association Email: Manager@Salemtowne.us

Association/Amenities

  • AssociationAddress: 2900 Oakcrest Dr NW Salem, OR 97304
  • AssociationPendingLitigationYN: Unknown
  • AssociationStatus: Active

Schools

  • Elementary School: Brush College
  • High School: West Salem
  • Middle Or Junior School: Straub

Lot Info

  • Lot Size Acres: 0.11
  • Lot Size Sq Ft: 4791.0
  • Parcel #: 311689

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: No
  • Tax Year: 2018
  • Tax Annual Amount: 3066.05

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2020
Closed on
Apr 15, 2020
Sold by
U S Bank National Assocaition
Bought by
Stewart Mona
Seller's Agent
Levi Wilson
Ned Baker Real Estate, Inc.
Buyer's Agent
OR and WA Non Rmls
Non Rmls Broker
List Price
$239,900
Sold Price
$229,900
Premium/Discount to List
-$10,000
-4.17%
Current Estimated Value
$349,504

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,604
Avg. Annual Appreciation
7.83%
Original Mortgage
$183,920
Outstanding Balance
$164,107
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$180,256

Purchase Details

Closed on
Jan 30, 2020
Sold by
Mattson David L and Mattson Dessie
Bought by
U S Bank National Association and The Rmac Trust Series 2016 Ctt

Purchase Details

Closed on
Jul 26, 2019
Sold by
Mattson David L and Mattson Dessie
Bought by
U S Bank National Association and The Rmac Trust Series 2016 Ctt

Purchase Details

Closed on
Dec 19, 2005
Sold by
Lord Karen and Valentine Evelyn L
Bought by
Mattson David L and Mattson Dessie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,500
Interest Rate
5.86%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Stewart Mona $229,900 Servicelink
U S Bank National Association $198,000 None Available
U S Bank National Association $198,000 None Available
Mattson David L $169,900 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stewart Mona $183,920
Previous Owner Mattson David L $250,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/21/2020 04/21/20 Sold $229,900 0.0% $193 / Sq Ft
03/20/2020 03/20/20 Pending -- -- --
03/06/2020 03/06/20 Price Changed $229,900 -4.2% $193 / Sq Ft
02/05/2020 02/05/20 For Sale $239,900 -- $201 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,646 $199,280 $67,010 $132,270
2024 $3,646 $193,480 $65,060 $128,420
2023 $3,540 $187,850 $63,160 $124,690
2022 $3,427 $182,380 $61,320 $121,060
2021 $3,329 $177,070 $59,530 $117,540
2020 $3,231 $171,920 $57,800 $114,120
2019 $3,118 $166,920 $56,120 $110,800
2018 $3,066 $162,060 $54,480 $107,580
2017 $2,763 $157,340 $52,900 $104,440
2016 $2,697 $152,760 $51,360 $101,400
2015 $2,720 $148,320 $49,860 $98,460
2014 $2,574 $143,980 $56,900 $87,080
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 20093473

Regional Multiple Listing Service (RMLS)

APN: 311689